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A comment on If ICANN only charges 18¢ per domain name, why am I paying $10? (2014). Parent comment

Re:If ICANN only charges 18¢ per domain name, why am I payin... by ethbro on Saturday June 18, 2016 @12:36PM (#11929297)
You're talking about game theory as it relates to pricing / auction games. This is a really well-studied topic, and indeed there are much more efficient ways to match value to demand.

F.ex. https://en.m.wikipedia.org/wiki/Vickrey_auction

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Re:If ICANN only charges 18¢ per domain name, why am I payin... by thedevil on Saturday June 18, 2016 @12:51PM (#11929371)
Somehow, I had never even heard of auction theory. Thanks!

This has to be the only comments section on the internet where I actually get smarter by participating. :)

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